https://www.taxtmi.com/caselaws?id=369151 The Tribunal upheld the CIT(A)'s decision to delete the penalty of Rs. 2,20,00,000/- imposed by the AO under Section 271AAA. The appeal by the Revenue was dismissed as the assessee fulfilled the conditions by declaring the income, paying taxes, and not being specifically questioned about the undisclosed income's derivation during the search. en-us Mon, 15 Oct 2018 00:00:00 +0530 Mon, 22 Oct 2018 09:54:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369151 The Tribunal upheld the CIT(A)'s decision to delete the penalty of Rs. 2,20,00,000/- imposed by the AO under Section 271AAA. The appeal by the Revenue was dismissed as the assessee fulfilled the conditions by declaring the income, paying taxes, and not being specifically questioned about the undisclosed income's derivation during the search. Case-Laws Income Tax Mon, 15 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369151